The Impact of COVID-19 in the Italian Wine and Olive Oil Sector

Abstract

Coronavirus has produced worldwide many negative effects on the food economy, but wine industry is one of the main sector affected by the crisis especially due to the lock down involving restaurants and other retail distributions. 2019 ended in an extremely encouraging way for the Italian wine industry and especially for the sparkling wine sector, with an increase in foreign demand growing by almost 15%, This increase was largely due to the success of sales in Anglo-Saxon nations, such as the United States and less so in the United Kingdom due to Brexit, not to underestimate even exports to Japan, Russia and China.